– New all time record highs for gold in 2019 – ‘Powerful bull market’ will likely send gold to $5,000 to $10,000 – If USD & Treasuries keep falling, stocks may decline at ‘moment’s notice’ – Traditional portfolio of stocks and bonds will not protect investors – “Gold will replace bonds as the go-to hedge” by […]
Palladium bullion has surged a massive 17% in just nine trading days. From $895/oz on Friday April 6th to over $1,052/oz today (April 19th). The price surge is due to palladium being due a bounce after falling in the first quarter and now due to Russian supply concerns. In a volatile month, precious metals and […]
– Silver bullion remains good value on positive supply and demand factors – Industrial demand set to continue to climb from 2017, into 2018 and beyond – Speculators are bearish on silver as net short positions in silver futures reach record – Investment demand sees silver ETF holdings at eight-month high of 665.4 million ozs – […]
– London house prices fell by 3.2% in the first quarter – Halifax – Brexit, financial and geo-political uncertainty lead to falls – Excluding sale of seven £10m-plus houses in London, prices were down 3.4% in the year – UK house prices climb by just 0.4% in April, the slowest increase since 2008 for same […]
– Global debt bubble hits new all time high – over $237 trillion – Global debt increased 10% or $21 tn in 2017 to nearly a quarter quadrillion USD – Increase in debt equivalent to United States’ ballooning national debt – Global debt up $50 trillion in decade & over 327% of global GDP – […]
– Gold & silver eke out small gains; palladium surges 8% and platinum 2% – Oil (WTI) surges over 8% to over $66.90/bbl; supply disruption risk – U.S. dollar and Treasuries fall; geopolitical, trade war and fiscal concerns – Stocks rally and shrug off trade war, macro and geo-political risks – Bitcoin, major cryptos (Ethereum, Ripple […]
– EU and euro face growing risks including trade wars, energy independence and war with Russia in Middle East – Middle East war involving Russia may badly impact energy dependent & fragile EU – Trade and actual wars on European doorstep show the strategic weakness of the EU – Toxic combination due to growing anti-EU […]
– Dow set to drop 300 points at open after Trump tweet today – Stocks see sell off and gold pops to test resistance at $1,350/oz – US stock futures suggest over 1% losses at New York open – Oil surged to a two-week high and has surged nearly 7% this week – U.S. bombing Syria […]
– Trump & Russia threaten each other as conflict over Syria escalates – U.S. Navy destroyer armed with tomahawks arrives off Syria, “harassed” by Russian warplanes – Heightened risk of war between Syria, Russia, Israel, UK & the U.S. – Russia & Iran will pay “big price” for gas attack – Trump – Trump will decide […]
– Gold outperforming stocks in 2018 and this century (see chart) – Gold up close to 2% in 2018 while S&P 500 is down 2% – Trump trade wars and Kudlow as Trump chief economic advisor is gold bullish – Given gold’s performance, Kudlow’s dismissal of gold as “end of the world insurance” is “irrational” – […]
Jamie Dimon Warns Of Potential ‘Market Panic’ – JPMorgan Chase CEO Jamie Dimon sees ‘chance of market panic’ – In annual letter to shareholders Dimon warns of increased inflation and interest rates – Concerned QE unwinding could cause chaos as ‘markets will get more volatile’ – Hard to look at the last 20 years in […]
Silver Bullion: Should We Be Worried About Silver? – Bloomberg’s Mike McGlone silver “set to test the $18 an ounce resistance level” – LBMA report: volume of silver ounces transferred in February fell by 24% – Standard Chartered: gold-silver ratio and supply/demand fundamentals favour silver – Gold/silver ratio at near two-year high on silver’s underperformance – […]
Martin Luther King Jr. Anniversary: Reminds Us Of Costs Of War To Society and Financial System – Civil rights leader Martin Luther King Jr. assassinated 50 years ago today – An anti-war campaigner, protesting against the damage inflicted by military operations – King was almost prophetic in his vision that wars would drive a bigger […]
Gold Outperforms Stocks In Q1, 2018 – Gold signs off Q1 2018 with best run since 2011 – Gold price supported by safe haven demand, interest-rate concerns and inflation – Trade wars and concerns over equity market have sent investors towards gold – ETF holdings highest in nearly a decade – Goldman Sachs: ‘The dislocation […]
Brexit, Stagflation Pressures UK High Street – UK high street and wider consumer market feeling effects of financial crisis, Brexit and inflation – 350,000 retails jobs expected to disappear between 2016 and 2020 – Centre for Retail Research predicts 9,500 shops to close this year and 10,200 in 2019 – UK is ‘worst performing’ European market […]
Gold Is Money While Currencies Today Are “IOU Nothings” by Mr. John Exter (ex-New York Fed Vice President) Now that the international monetary system we have long known has broken down, and the world is groping through monetary reform for a new one, it is time to consider some fundamentals. What is money anyway? First, it […]
“Stars Are Slowly Aligning For Gold” – Frisby – Gold ends March with a third-quarterly gain, a feat not seen since 2011 – Impressive gains seen despite tightening of monetary policy from Federal Reserve – Frisby – gold is set to break through technical resistance of $1,360 – Gold’s safe haven role back in focus […]
– US needs to borrow almost $300 billion this week alone – This is the largest debt issuance since 2008 financial crisis – Trump threatens trade war with its biggest creditor – China – Bond auctions have seen weak demand due to large supply and trade war concerns – $20 trillion mark reached in early September […]
– Eurozone threatened by trade wars, Italy and major political and economic instability – Trade war holds a clear and present danger to stability and economic prospects – Italy represents major source of potential disruption for the currency union – Financial markets fail to reflect the “eurozone time-bomb” in Italy – Financial volatility concerns in […]
– Silver Futures Report, JP Morgan Record Silver Bullion Holding Is Extremely Bullish – JP Morgan Continues Adding To Massive Silver Bullion Holdings (see chart) – Silver Speculators Go Short – Which Is Extremely Bullish – Stunning Silver COT Report: One For the Ages (see chart) The silver futures Commitment of Traders (COT) report released last Friday was […]